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Depleting bank plan

Started by admin, April 13, 2008, 09:32:40 PM

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admin

this strategy is quite simple and works out quite well in determining when to exit, in particular useful where any form of progression betting is used.

The way it goes is like this. You need to keep 2 banks, first bank, the stake bank is the bank you are prepared to risk (eg if I am betting 1 1 2 3 5 sequence then my bank is 12 points). the second bank is your winnings bank, this bank we start off with empty.

When we win we would put the winnings to the 'winning bank' and return the original stake to the stake bank. Eg if we are betting 1 unit on a dozen and we win we would put the 2 winning units to the winning bank and the 1 unit stake would be returned to the stake bank. Now notice if we win on the 2nd or higher progression then our first units are lost from the stake bank although our winning bank might have it. eg if we win on the third spin of the sequence 1 1 2 3 5 then we have 4 points profit and 2 point stake. The 2 point is returned to the stake bank and the 4 points goes to the winning bank. The initial 1 + 1 unit that were lost from the stake bank are lost permenantly.
We basically keep playing until we do not have enough in our stake bank to play the next round. Eg if we are left with just 2 units and we need to raise 3 units if we are on the 4th progression, we would stop the game there and take whatever wins or losses we get.

I have been using this strategy as an exit strategy with my dozens and columns system and its been working very well so far for me, I can get out within 15-20 mins of playing either with a fair bit of profit, a small profit or a small loss (technically I can also lose my whole stake bank, though that has never happened to me so far).

Hope this would help.

Submitted by user: Longshot

admin

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